It’s raining Texas Crude and it’s free

21st April 2020 1

On Monday 20th April 2020, something extraordinary happened, something never seen in the history of commerce; you could buy American West Texas Oil at a negative price: The sellers were going to pay you to take the stuff away, and you would not be paid just a little, but a whopping $40 a barrel to be the buyer. Just a … [Read on]

The sound of money being created.

20th April 2020 11

The Covid shutdown, according to the Centre for Economics and Business Research, is costing  £2.5 billion a day in lost production. Today, we could have paid 100,000 extra nurses an annual salary of £25,000 a year.  Tomorrow, £2.5 billion would have mended every pot hole, on every road in Britain. On Wednesday,  we could have built six sparkling new hospitals. … [Read on]

After Covid; Some surprises

10th April 2020 5

Wild animals are enjoying Covid. In Nara, Japan, deer are wandering around ‘lock-down’ subways stations. In Panama, racoons are frollicking on deserted beaches and closer to home, a little train of mountain goats was spotted wandering past a solicitor’s office in Llandudno High Street. Less people and nature returns quickly and with avengence. There is another advantage to Covid – … [Read on]

Economic Pandemic

6th April 2020 8

An unprecedented ten million Americans have lost their jobs in the last two weeks.  In Britain, an unknown number of people have been ‘furloughed’ with the government paying 80% of their salaries. This will hide the true scale of the economic devastation for a while. Ferry companies that transport a large part of our imported food say that they have tried … [Read on]

Covid 19: The bare cupboard that is the western soul.

27th March 2020 8

The WHO has just felt it necessary to publish six ‘tips’ for managing parenting in a time of Covid 19. These presumably had to be produced because the majority of twentieth century parents  hate having their children at home and need tips on how to deal with the awful stress this induces. These include ‘Spend quality time together’ and ‘Keep it … [Read on]

Covid 19: Licking the toilet seat.

25th March 2020 2

Everyone wants to be loved.  Some want to be famous. In an age of social media, individuals can now make money and become famous and ‘loved’  by being both weird and downright nasty. Prior to Covid 19, we had ‘Lizzo’ – a black super-obese rapper who is ‘an advocate for body positivity and self-love.’  In reality this mean twerking her … [Read on]

Meghan: the woke princess and the pea under the bed

5th March 2020 16

Clarence ‘Frogman’ Henry, an 1960’s American rhythm and blues singer, (Born 1932 – present) sings a beautiful love song entitled, ‘I don’t know why I love you but I do’ The song, on Youtube, is both touching and cheerful but that is not just what makes the video special. Clarence has an infectiously happy, friendly face, jolly and overflowing with … [Read on]

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